The word ‘data’ is tossed around a lot today, but it’s no trend. Data is the lifeblood of commerce, and its importance in commercial banking cannot be underestimated. To parse…
Read More
FlashSpread is transforming the commercial lending and fintech industries. Lenders and financial analysts used to drown in a sea of financial data stored in paper documents. As a result, the…
If you’re an SBA lender, you know that the process of getting a 7(a) loan approved and funded can be lengthy. But with FlashSpread, you can speed up the process…
Software providers are always promising their solutions will help “streamline” this, or “maximize” that. And, in most cases, they are probably telling the truth. However, if these solutions aren’t built…
The underwriting process is pretty consistent for most underwriters during the initial stages. In fact, 90 percent of the process is likely the same from one underwriter to the next….
Lending fraud is a growing trend, and one that is costing both large and small financial institutions. Everyone from the local credit union to large banks is feeling the sting….
It’s a truth universally known— VOIE is complex even under the best of circumstances. For lenders in the commercial space, these complexities have historically kept lenders away from one customer…
Becoming a commercial loan officer opens up a wealth of opportunities, not the least of which are an excellent starting salary and diverse job openings to consider. Getting there, however,…
Credit analysis and default risk calculations are leveraging the speed and accuracy of automated spreading. Commercial lending is experiencing many fintech disruptions that, in most cases, are quite welcomed by…
Spreading tax returns is a necessary but painstaking process for commercial lenders. For decades, underwriters spread returns manually by transferring a company’s financial records from paper documents to spreadsheets. And…
